Suite number:
C-571
Project:
Address:
Mississauga, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
571 sqft
Occupancy Date:
Jan 2029
Price, CAD
$716,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.66%
Cumulative Return on Investment in Year 5
120.89%
Property Price at the End of Year 5
$924,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$35,845
5% in 344 days
$35,845
2.5% in 760 days
$17,923
2.5% in 1125 days
$17,923
5% on Occupancy
$35,845
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $473,000 |
| rent income | - | - | - | $8,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $144,000 |
| mortgage principal reduction | - | - | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $65,000 |
| deposit interest | $2,000 | $4,000 | $5,000 | $4,000 | - | - | - | - | - | - | $14,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $43,000 | $46,000 | $83,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $720,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $72,000 | - | $18,000 | $54,000 | - | - | - | - | - | - | $143,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $51,000 | - | - | - | - | - | - | $51,000 |
| operating expense | - | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $60,000 |
| mortgage payment | - | - | - | $15,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $230,000 |
| total expense investment | $72,000 | - | $18,000 | $124,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $485,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$32,573 | $43,000 | $28,000 | -$40,333 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $50,000 | $235,000 |
| cumulative roi | $55 | $114 | $143 | $108 | $121 | $133 | $145 | $156 | $167 | $178 | $1,000 |
M6 Condos
Address: Mississauga, Ontario
Price Range: $441,000 - $1,064,000
Avail. suites: 50
0—3.5 bd
271—989 SqFt